Altcoin pump and dumps !

[JRoa]

So there are now pums and dumps group in discord, there is something fishy because scammers are now transferring from telegram into discord. My advice is you should forget about that pumps and dumps group because it is most likely a scam wherein you can lose huge amount of money. It is better if you will focus on trading by yourself.

[ethereumhunter]

Be careful with those groups because I am not sure that they can do that even if they say that their groups a larger than the other groups, you don't have to believe 100% because they say like that to get more members for their benefits. But if you trust them and you want to follow their step to make a profit, you should be very careful, and don't use too big money because you don't know if they are right or not. It is your money, and you should have the responsibility for your money carefully.

[soetikno]

I don't really depend on the group to buy an altcoins, I thought they would buy but it turns out they sell, I have seen that kind of thing often and many victims, try to analyze yourself about the coin you want to buy, if it's a dump you don't need to regret it and blaming other people

[Delisaara]

rather than following the pump group it is better to analyze it yourself, such groups are mostly not profitable and even harm us, they buy before making the news and immediately throw it away.  Meanwhile, we don't know where the coin goes up ... and in fact we will be trapped.

[marcous]

Never get carried away by pump and dump currents.  That is one way to make the market volume become crowded.  but most of the people who lose even those in the premium group cannot be separated from losses.  Whales who are already buying at a dip price. people outside the group buy into it and when many are buying they dump it.  actually its only benefits for the owner groups I guess. Be careful, it was just a party for a moment!

[lebregone]

I've seen a lot of this kind of group but joining this kind of group is pretty risky especially if you don't have the knowledge yet on how to play the game wisely because there is a big chance that you will end up lossing your money if you cannot hit the right time to sell.

If you like you can try joining one of them and test for yourself on what I am talking about. Saying pump this coin and sell the coin once you already doubled your money is pretty simple but do you think also that all of you who pump that certain currency will get the same output? There are some of you for sure that will loss instead of gaining especially if there are no other investors who will follow the pump.

[Ridwan Fauzi]

This does not guarantee you to get profit even it has a high risk way, just choose a coin which has a big community and many people will easily like it.

An altcoin which is pumping will have a reason behind it, and a good reason for the coin getting pump is the coin has a big event, like the developer make an update like a few times ago when ADA's developer trying to update the system its price was pumping a lot.

This will make the coin price up without a dump after the pump. Yeah, it will be different with new project out there, some people who have a big capital just pick the coin randomly. They will sell the coin anytime and it is bad for the coin in the future.

[Distinctin]

Never get carried away by pump and dump currents.  That is one way to make the market volume become crowded.  but most of the people who lose even those in the premium group cannot be separated from losses.  Whales who are already buying at a dip price. people outside the group buy into it and when many are buying they dump it.  actually its only benefits for the owner groups I guess. Be careful, it was just a party for a moment!

This one is obviously a scam. Groups were created just to lure those investors particularly newbies who are less knowledgeable about the altcoins market. No other groups except the whales and those current big events that will affect the market and create pumps and dumps for altcoins. DYOR first before deciding to invest or join some groups so you will not end up lossing your capital.

[Nhor1011]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

Be careful about such group because they just making some bait to catch you. Not all pump and dump will give you profit, think the best coin to buy which will give you real profit. Also choose the nest exchange where you can buy a good altcoin with a greater chance to grow despite of pump and dump.

[zaim7413]

Be careful about such group because they just making some bait to catch you. Not all pump and dump will give you profit, think the best coin to buy which will give you real profit. Also choose the nest exchange where you can buy a good altcoin with a greater chance to grow despite of pump and dump.

It's true, everyone should stay away from team groups or project developers like that, because they make sneaky bait to trap everyone who is in crypto, because they also want easy money by tricking anyone in crypto.

[wxxyrqa]

I believe that many altcoins need to be looked at and realistically assess their prospects in the future. The same situation, in my opinion, is with Ripple, where, despite cooperation with the banking system, whose main goal is the low transaction cost, the increase in the price of the coin, worries the developers themselves, who have more than half of all coins in storage. They can always manipulate the market in any way in order to attract attention to themselves.

[criket]

Be careful about such group because they just making some bait to catch you. Not all pump and dump will give you profit, think the best coin to buy which will give you real profit. Also choose the nest exchange where you can buy a good altcoin with a greater chance to grow despite of pump and dump.

It's true, everyone should stay away from team groups or project developers like that, because they make sneaky bait to trap everyone who is in crypto, because they also want easy money by tricking anyone in crypto.

the pump that occurs is only as a feed, but there must be good reasons to strengthen the conditions before the pump occurs. drawing up a plan to build a pump is actually not easy. but if that can fool the market then what it does is really neat and classy for a scammer. Of course, we have already seen how the pump and dump market moves rapidly. but when there are assets that are dumped and then disappear, of course, the project is not really under proper development.

[rahmatullah9305]

the pump that occurs is only as a feed, but there must be good reasons to strengthen the conditions before the pump occurs. drawing up a plan to build a pump is actually not easy. but if that can fool the market then what it does is really neat and classy for a scammer. Of course, we have already seen how the pump and dump market moves rapidly. but when there are assets that are dumped and then disappear, of course, the project is not really under proper development.

Yes, but the visible pump in the market in the past few days is on good tokens as well as on good coins, not on new tokens that have not been developed, so even if there is a dump there will be a possibility to be pumped back, this is of course. in contrast to new tokens which experience an initial pump and are then disposed of massively by the developer.

[Nivia1st]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

You still believe in groups like this. Come on you should have realized what it would be like to join a group like this. all of that would only hurt you, groups like that are bullshit. You will regret it if you believe their words.

[OasisDre]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

Pump and dump groups consists of people who are looking for large numbers of people that can invest on a low marketcap coins or tokens at the same time to increase it's value while they are already holding the low marketcap tokens, once the price shoot to the sky this scammers will dump of those people, leaving them to struggle with their lucks, you want my advice? Stay away

[Kelvinid]

I can remember that someone posted here regrading on the pump and dump Island group.
https://bitcointalk.org/index.php?topic=5191179.0

Ain't that to wonder why people here don't recommend joining them because obviously, they are of no good at us. We already know this kind of works and no reason why we should have to try just to get proof that they are scamming because a lot of innocent people have been fooled by their broken promises.

[2tang]

It is not uncommon for the pump to be organized to fill an insurmountable sales wall and many traders or investors who participate in the pump suffer losses as a result. Of course, bearish market conditions can also result in a failed pump or pump. Even with heavy buying pressure coming from the group, organized pumps may not be able to increase given the selling pressure on the market. Even if the pump works well, not all the participants involved will make a profit, as some of those who are later enter may already have bought after the cryptocurrency has appreciated significantly.

[CuriousGeorge]

rather than following the pump group it is better to analyze it yourself, such groups are mostly not profitable and even harm us, they buy before making the news and immediately throw it away.  Meanwhile, we don't know where the coin goes up ... and in fact we will be trapped.

Pump and dump group just a fake group that being used by scammers to fool the newbies. So many times i have seen people complained about that.
The signal that was giving by such group totally fake and it was getting manipulated by the owner or team behind the group.

Any pnd group can't be trusted and it will always be labelled as a scam scheme that will never work.

[Jeger.Kiting]

rather than following the pump group it is better to analyze it yourself, such groups are mostly not profitable and even harm us, they buy before making the news and immediately throw it away.  Meanwhile, we don't know where the coin goes up ... and in fact we will be trapped.

Actually, to join the pump group you must have the ability as a trader who is really good and experienced, because this work requires hand speed, if you are even late in the trade, then you will get a loss, to my knowledge there are very few people in this forum. join the pump group, at least you think again, if you want to join the pump group, because you have to have the abilities I mentioned at the beginning, if you don't have that kind of ability, it's better if you can use the services of your friends who have the abilities I mentioned in early, if you don't have this ability then you better analyze it yourself, and it's much better for yourself in the future ..

[DU18]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

Usually crypto projects that commit fraud often use pump and dump group services to make their token prices experience an increase in price in the market and of course with this price increase many people think that the token or coin project is very potential and without them knowing they are trapped in a great loss, usually a characteristic feature of tokens or coins that use pump and dump groups, this is the occurrence of multiple demand spikes without significant underlying reasons for the coin or token, the price moves up on one trading platform, without an increase in other trading platforms. so it's best for traders to be more careful in choosing coins or tokens on the market.